Education News From Market Cap & Gown
All Categories · Member College News · Tuition Rewards News · Tuition & Financial Aid News · Campus Finances
College Savings News · Higher Education Legislation · Retirement Savings News ·
General College News · Student Loan Industry
Top Stories From The Last 30 Days
Stetson University Joins SAGE Tuition Rewards
January 16, 2017 - Posted in: SAGE Scholars NewsStetson University, Florida's first Phi Beta Kappa institution and one of the top-ranked regional universities in the South, has become the 11th independent college in Florida to join the SAGE Scholars Tuition Rewards program. Founded in 1883, Stetson attracts 3,100 undergraduate students from 44 states & 52 countries.
Read this story at secure.tuitionrewards.com
To put their grandkids through college, Americans over 60 now have $67 billion in student debt
January 16, 2017 - Posted in: Student Loan NewsThe number of Americans over 60 with student debt is soaring. Many debtors aren’t borrowing for themselves but for their children and grandchildren. One solution for older borrowers is to take advantage of new programs to help forgive student debt for borrowers working in public service or with low income. A senior dependent on social security may not have to make payments at all.
Read this story at qz.com
Ten Ways For Parents To Get On Top Of The College Admission Process
January 16, 2017 - Posted in: College Admissions NewsInstead of telling your student what to do, start by asking open-ended and non-directive questions like, "Tell me why you like that college?" or "How do you think that major will help you in the future?" Finding a good balance can be difficult if you're used to being more directive, but you'll be surprised how positive transferring responsibility, while offering help when needed, can be.
Read this story at forbes.com
Ashland University Receives $650,000 National Science Foundation Grant for Scholarships
January 16, 2017 - Posted in: Member College NewsThe National Science Foundation (NSF) has awarded Ashland University (OH) a $650,000 grant as part of a five-year STEM scholarship program for incoming academically talented science students with financial need. The renewable scholarships are targeted at majors in biology, biochemistry, chemistry, environmental science, geology, physics or toxicology.
Read this story at military-technologies.net
Programs That Are Predatory: It’s Not Just the For-Profit Colleges
January 16, 2017 - Posted in: Higher Ed and WashingtonThe U.S. Department of Education has released a list of hundreds of college programs that load students with more debt than they can afford to repay. Mostly, it's for-profit colleges such as Kaplan University and the University of Phoenix. But, among a host of local graphic design, fashion, cosmetology and barber schools is a small theatre program conducted at Harvard.
Read this story at mobile.nytimes.com
Free Market for Education? Economists Generally Don’t Buy It
January 15, 2017 - Posted in: Higher Ed and WashingtonExcessive faith in the power of free markets can lead to infeasible policy proposals. There is much to fix in the current student loan system. But, getting private banks back into the heart of the loan program solves none of these problems - and will be costly to taxpayers. Why should banks earn generous profits while the government assumes all of the risk?
Read this story at nytimes.com
Sallie Mae’s stock has soared since the election. But will Donald Trump really deliver?
January 10, 2017 - Posted in: Student Loan NewsSallie Mae, which provides private student loans, has seen its stock price surge 64% since Donald Trump's election. Investors are betting that a President Trump will make the student loan industry super-rich again. But given the incoming president’s consistent rhetoric about the squeeze of student debt on young people, this bet could go badly. Sallie Mae's lobbyists are pushing for more private lending.
Read this story at washingtonpost.com
Hiram College receives $1 million gift from Paul and Maxine Frohring Foundation
January 9, 2017 - Posted in: Member College NewsHiram College (OH) has received a year-end $1 million cash gift through the Paul and Maxine Frohring Foundation. This is the largest single gift of the Foundation’s nearly $6.5 million total to the College. The $1 million will support scholarships for biology and chemistry students, as well as faculty and student research at Hiram’s 500-plus-acre James H. Barrow Field Station.
Read this story at news.hiram.edu
Christine Pharr named president of Mount Mary University
January 9, 2017 - Posted in: Member College NewsMount Mary University (WI) has named Christine Pharr as its new president. Previously the vice president for alumnae and donor relations at the College of St. Mary in Omaha, Pharr will assume her new position as leader of the Catholic women's university in July 2017.
Read this story at bizjournals.com
Making the Case for Liberal Arts Colleges
January 9, 2017 - Posted in: General College NewsA new study finds that a liberal arts major has positive impact on graduates’ life experiences, including leadership, civic-mindedness … and financial success - 31 to 72 percent more likely to have higher-level positions and to earn more than $100,000/year. Liberal arts graduates do earn less for the first few years after graduation - but not thereafter.
Read this story at insidehighered.com